ForgeRock, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cash Equivalents and Short-Term Investments (Tables)

Cash Equivalents and Short-Term Investments (Tables)

12 Months Ended

Dec. 31, 2021

Investments, Debt and Equity Securities [Abstract]

The amortized cost, unrealized loss and estimated fair value of the Company’s cash equivalents and short-term investments as of December 31, 2021 were as follows (in thousands):


	December 31, 2021

	Amortized Cost		Unrealized Gain		Unrealized Loss		Estimated Fair Value
Cash Equivalents:
Money market funds	$	98,333	$	—	$	—	$	98,333

Total cash equivalents	98,333		—		—		98,333
Short-term investments
Commercial paper	78,448		—		—		$	78,448
U.S. treasury bonds	26,292		—		(152)		26,140
Asset-backed securities	51,586		—		(158)		51,428
Corporate debt securities	85,085		—		(281)		84,804
Short-term investments	241,411		—		(591)		240,820
Total	$	339,744	$	—	$	(591)	$	339,153

Schedule of Cash Equivalents

The amortized cost, unrealized loss and estimated fair value of the Company’s cash equivalents and short-term investments as of December 31, 2021 were as follows (in thousands):


	December 31, 2021

	Amortized Cost		Unrealized Gain		Unrealized Loss		Estimated Fair Value
Cash Equivalents:
Money market funds	$	98,333	$	—	$	—	$	98,333

Total cash equivalents	98,333		—		—		98,333
Short-term investments
Commercial paper	78,448		—		—		$	78,448
U.S. treasury bonds	26,292		—		(152)		26,140
Asset-backed securities	51,586		—		(158)		51,428
Corporate debt securities	85,085		—		(281)		84,804
Short-term investments	241,411		—		(591)		240,820
Total	$	339,744	$	—	$	(591)	$	339,153

Summary of Contractual Maturities

The following table presents the contractual maturities of the Company’s short-term investments as of December 31, 2021 (in thousands):


	December 31, 2021
	Amortized Cost		Estimated Fair Value
Due within one year	$	142,868	$	142,786
Due between one to five years	98,543		98,034
Total	$	241,411	$	240,820